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    BPCL share worth in Pink because it experiences sturdy Q3 earnings with strong efficiency

    The shares of Bharat Petroleum Company Restricted (BPCL) have been buying and selling at ₹270.05 down by ₹1.20 or 0.44 per cent on the NSE at this time at 12.15 pm.

    Bharat Petroleum Company Restricted (BPCL) introduced its monetary outcomes for the third quarter of 2024-25, demonstrating stable monetary efficiency. The state-owned oil advertising firm reported a revenue earlier than tax of ₹6,176 crores for the October-December 2024 quarter, a big improve from ₹4,580 crores in the identical interval final yr.

    The corporate’s internet revenue after tax jumped to ₹4,649 crores, in comparison with ₹3,397 crores within the corresponding quarter of the earlier fiscal yr. BPCL maintained sturdy operational metrics, with whole petroleum product gross sales reaching 13.69 million metric tonnes, up from 13.20 million metric tonnes in the identical quarter final yr. The home gross sales remained strong, with key merchandise like Excessive-Pace Diesel (HSD) and Motor Spirit (MS) exhibiting notable volumes.

    • Learn additionally: Q3 Outcomes Right now Reside: Cyient tumbles 19%, Dr Reddy’s, Spandana Sphoorty, Adani Power Options decline; HPCL

    The corporate’s refining margins (Gross Refining Margin or GRM) confirmed variation throughout completely different refineries, with the Bina Refinery performing significantly properly at US $7.78 per barrel. The general refinery throughput stood at 9.54 million metric tonnes, with a excessive distillate yield of 84.86 per cent. BPCL additionally managed its debt place successfully, with whole debt (excluding IND AS 116 liabilities) at ₹19,622 crores as of December 31, 2024.

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